RADIO FREE EUROPE/RADIO LIBERTY, PRAGUE, CZECH REPUBLIC
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RFE/RL NEWSLINE 8 March 1999
IMF PRESSES FOR FURTHER HUNGARIAN REFORMS. Hungarian
Finance Minister Zsigmond Jarai has said Budapest is
willing to implement the measures proposed by the IMF in
a recent report on Hungary aimed at keeping this year's
budget deficit below 4 percent of GDP, Hungarian media
reported. The report praised last year's drop in
inflation and 5 percent growth in GDP but said tighter
budgetary policies are needed to check growing domestic
demand and a worsening balance of payments deficit. In
other news, Istvan Csurka, leader of the extremist
Justice and Life Party (MIEP), on 6 March opened the
Istvan Bocksai Open University, which is to promote
national awareness. MS
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